BlackRock’s BUIDL Fund Surpasses $1.5B as Tokenized Finance Gains Ground

BlackRock, the $10 trillion asset management giant, continues to strengthen its presence in the digital asset space. Its tokenized investment vehicle, the BUIDL fund, has now surpassed $1.5 billion in assets under management (AUM), according to data from Arkham Intelligence.

BUIDL is designed to deliver daily yield to holders, backed entirely by U.S. Treasury bills, cash, and repurchase agreements. Investors receive returns in the form of newly minted BUIDL tokens. The fund offers two versions: BUIDL, which generates yield, and BUIDL-I, which currently does not.

This move aligns with BlackRock’s broader crypto strategy, which includes holding over 575,000 BTC—valued at more than $50 billion—through its spot Bitcoin ETF. The firm’s aggressive push into tokenized finance reflects a growing institutional interest in blockchain-based financial products, even as other players like Vanguard remain cautious.

While tokenization isn't new, institutional adoption is accelerating. BlackRock’s BUIDL fund exemplifies how on-chain financial structures are evolving beyond speculative hype into real-world utility. The growing integrations and steady fund expansion underscore the shift toward tangible, yield-generating blockchain assets.

As traditional finance and blockchain continue to converge, BlackRock is emerging as a leader in bridging the two worlds. With the rise of tokenized funds and its significant crypto holdings, the firm is shaping the future of finance—where traditional investment strategies meet on-chain innovation.

The success of BUIDL suggests that tokenized assets are not just a trend but a foundational shift in asset management. As blockchain adoption deepens, institutions may increasingly view tokenization as a core part of their financial infrastructure.